Wheaton Precious Metals Corp

Latest Results (27.10.2025):

In the second quarter of 2025, Wheaton Precious Metals Corp achieved record revenue, adjusted net earnings, and operating cash flow. The company also made significant strides in its growth strategy, including the commencement of commercial production at Blackwater and the first gold pour at Goose, all while maintaining a strong balance sheet and commitment to sustainability.

Record Financial Performance

Wheaton reported a record $503 million in revenue, $292 million in net earnings, $286 million in adjusted net earnings, and $415 million in operating cash flow for Q2 2025. The company also declared a quarterly dividend of $0.165 per common share and maintained a robust balance sheet with $1.0 billion in cash and no debt.

Strong Operational Milestones

The company saw a 9.5% increase in attributable gold equivalent production to 158,600 ounces, driven by stronger production at Salobo and the start of Blackwater's commercial operations. Additionally, Goose delivered its first gold pour, operating at 50% of nameplate capacity, further enhancing Wheaton's production capabilities.

Solid Cash Position and Financial Flexibility

Wheaton maintains a cash balance of $1.0 billion and an undrawn $2 billion revolving credit facility, extended to June 30, 2030, with an additional $500 million accordion feature. This financial strength ensures the company can fund outstanding commitments and pursue additional growth opportunities.

Leadership in Sustainability

Wheaton continues to lead in sustainability, earning top ratings from Sustainalytics, MSCI, and ISS. The company was recognized among the top 10 Corporate Citizens in Canada and published comprehensive reports on sustainability and climate change, highlighting its commitment to responsible business practices.

Strategic Management Promotions

Wheaton announced key senior management promotions, appointing Haytham Hodaly as President and Curt Bernardi as Executive Vice President, Strategy and General Counsel, while Randy Smallwood remains Chief Executive Officer. These changes position the company for its next phase of innovation and growth.